Top Indian Automobile Industry News & Updates - 29 April 2023,Saturday

🏢 Industry

📝  Recovery notices likely to two EV companies over FAME sops
📝  MHI releases SOP for PLI Auto scheme, applicants must achieve 50% domestic value addition to avail incentives
📝  India's EV adoption in 2-wheelers happening fast, but future growth depends on govt incentives: Bajaj Auto execs
📝  India's net zero goal takes centre stage at IESW 2023 with participation from over 25 countries
📝  Kerala govt mulls approaching Centre to amend MV Act to allow child with parents on two-wheelers
📝  Green H2 mission group's first meet on May 4
📝  JSW Group recharging plans for EV foray
📝  Sustainable Mobility Highlights: Dealing with progressively stricter emission norms
📝  Indian car market to see new variants, facelifts, all-new vehicles soon
📝  EV firms spear government claims
📝  The sequence of creative ink and mockery from Tata Motors
Read More >>

🎤 Interviews & Features

📝  Choosing an engineering degree: Where is the future headed?
📝  Opinion: How Nextgen technologies empower auto industry for better consumer experience
📝  Maruti Suzuki to integrate technologies relevant for customers and traffic into its products: C V Raman
📝  Electric cars: Making the sparks fly
📝  Jimny to Innova-based MPV: Maruti Suzuki's upcoming cars expected soon
📝  Citroen C3 Aircross 2023: Check out the design, features and specs
📝  Good subsidy
📝  Maruti Suzuki Fronx: A face that can launch a thousand sighs
📝  MG Comet EV: Future of mass electric mobility?
📝  How easy will EV be here?
Read More >>

🚗 Cars / SUVs

📝  With C3 Aircross, Citroen aims India to be its biggest market outside Europe
📝  Skoda Auto Volkswagen India launches student car project
📝  Nissan Motor India expands its network to 267 customer touchpoints
📝  Maruti Suzuki’s Innova Hycross-based MPV confirmed; India launch soon
📝  Stellantis operation fully equipped to build a car from scratch in India
📝  Check out this one-off Skoda Rapid cabriolet version by students
📝  Citroen C3 Aircross SUV unveiled for Indian market, to rival Hyundai Creta, Maruti Suzuki Grand Vitara
📝  Citroen C3 Aircross SUV made its global debut in India, brand's 4th model
📝  Maruti Suzuki to expand its portfolio with new SUVs and facelifts. Here are expected launches in India by 2023, 2024
Read More >>

Electric-Cars / SUVs

📝  BLive opens third multi-brand store in Odisha
📝  New MG Comet vs Citroen eC3 comparison
📝  ‘Not ours’: Tata Motors clarifies on viral photo mocking MG Comet EV
📝  Tata Motors did not mock MG Comet EV: Calls viral images ‘distasteful’
📝   Clash of small EVs looms as MG Comet takes battle to Tiago camp
📝  Planning to buy Tata Tigor EV? This is how much you may have to wait
Read More >>

🚗 Luxury Cars

📝  Porsche dealership to pay UP man INR 18 lakh for selling him car with ‘wrong’ year of manufacture
📝  Extensive MANUFAKTUR range for the new Mercedes-AMG S-Class
📝  Audi India inaugurates new 3S, Approved: plus facility in Raipur
📝  Jaguar Land Rover India launches new Defender 130 outbound and V8
📝  BMW 6 Series GT line-up revamped, gets a new model
Read More >>

⛟ Commercial Vehicles

📝  Volvo Trucks India and Delhivery continue to drive progress in express logistics
📝  100 new electric buses to be inducted by May-end in Delhi
Read More >>

🏍 2/3 Wheelers

📝  Ducati Monster SP launch date for India revealed, drops teaser
📝  Yamaha opens three new 'Blue Square' outlets in Hyderabad
📝  Honda Motorcycle & Scooter India opens new zonal office in Nagpur, Maharashtra
📝  Top 5 best 100cc bikes in India: Hero Splendor Plus to Honda Shine
📝  Yamaha to up its ante in the premium bike segment with new introductions
📝  Hero Splendor to Honda Activa: These are the best-selling two-wheelers in India
📝  What are the differences between Bajaj Chetak Premium Edition and Chetak?
Read More >>

🚲 Electric 2/3 Wheelers

📝  Yulu launches E2W, Wynn at opening price of INR 55,555
📝  Bajaj Auto to boost Chetak's production to 10,000 units a month by June
📝  Customers can now book the Matter Aera on Flipkart
📝  Okinawa Autotech in the market for raising funds
📝  E2W companies haul heavy industries department over non-payment of FAME 2 subsidies
📝  Production constraint due to chip shortage for Chetak electric: Bajaj Auto
📝  Upcoming Matter Aera electric motorcycle to be sold online on Flipkart
📝  Taiwanese firm Gogoro eyes India as hub for making electric two-wheelers
📝  EV norms: Hero Electric, Okinawa face action
Read More >>

⚙ Components

📝  Ramkrishna Forgings Q4 net profit dips 23 per cent
Read More >>

🌇 Allied Industries

📝  Kesoram Industries net loss narrows to ₹6 crore on standalone basis
📝  Journey of the electrical motor- Torque, field weakening, and motor design
📝  CarTrade Q4 results: Profit at Rs 17.5 crore, revenue grows 19% YoY
📝  Metalverse, India’s first DIY motorcycle accessories production company launched
📝  Ceat’s Chennai plant receives five-star grading for health and safety
📝  Tyre stocks in focus: Ceat, JK Tyre surge up to 11% on healthy margin hopes
Read More >>

🌢 Fuels, Lubricants & Charging Stations

📝  Exxon delivers a record first-quarter profit on higher output
📝  Russian oil is still powering Europe’s cars with help of India
📝  CPCL posts ₹1,004 cr. standalone net profit for FY23
Read More >>

🌍 Emissions/Environment

📝  Special Working Group formed to promote transport collaboration among SCO countries
Read More >>

💸 Finance & Insurance

📝  You can save 20% on car insurance premium if you buy Pay As You Drive; who should opt for it?
📝  Mahindra Finance Q4 results: Profit jumps 14% YoY to Rs 684 crore
📝  Bajaj Finance to build non-Bajaj book before launch of Bajaj Auto’s NBFC
📝  What is No Claim Bonus (NCB) in car insurance?
📝  Shriram Finance share price drops 7% after Q4 numbers; what should you do?
Read More >>

📖 Magazines News

📝  India-bound Hyundai Creta facelift to get Verna-like looks; launch early next year
📝  One off Skoda Rapid Cabriolet revealed as a student project
📝  ‘ICE-based EVs a quick, pragmatic way to electrification in India’: Citroen CEO
📝  Volkswagen ID 4 set to get global HQ greenlight for India in May
📝  Royal Enfield 450cc roadster spied in India, KTM, Bajaj-Triumph rival
📝  Mercedes AMG GT 63 S E Performance review: Torque monster
📝  Tata Nexon EV Max long term review, 2900km report
📝  QJMotor SRK 400 review: Bark over bite
📝  10 most affordable cars, SUVs with six airbags
Read More >>

📰 International News

📝  Japan to give up to USD 1.8 bn in subsidies for storage battery, chip projects
📝  Mercedes-Benz more upbeat on signs US, China picking up
📝  Stellantis, Australia's Alliance Nickel ink deal for battery elements supply
📝  TotalEnergies urges rejection of climate resolution submitted by shareholders
📝  Toyota-affiliate Daihatsu rigged safety test for 88,000 cars
📝  Samsung SDI net profit up 28% on robust EV battery demand
📝  Solar, EV firms say Republicans' debt limit a 'stunt' that could cost jobs
📝  Auto workers union, Sanders blast GM for wages at US battery plant
📝  Vitesco Tech appoints Sabine Nitzsche as its new CFO
📝  Chinese EV giant BYD's first-quarter profit jumps fivefold
📝  Toyota hits it out of park in global sales and production. But there's a googly
📝  Volvo elated about EX90 orders, shying away to reveal numbers
📝  Global EV forecast expected to grow by leaps and bounds by 2030
📝  Daimler launches new electric medium-duty truck brand in US
📝  Top Taiwan chip designer MediaTek 'rapidly' shifts focus to autos, AI
Read More >>


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